Wag Roe vs Roic Analysis

PET Stock

USD 0.21 0.01 5.00%

Wag Group financial indicator trend analysis is more than just analyzing Wag Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wag Group is a good investment. Please check the relationship between Wag Group Roe and its Roic accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Wag Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Roe vs Roic

Roe vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wag Group Roe account and Roic. At this time, the significance of the direction appears to have strong relationship.

The correlation between Wag Group's Roe and Roic is 0.67. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Roic in the same time period over historical financial statements of Wag Group Co, assuming nothing else is changed. The correlation between historical values of Wag Group's Roe and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Wag Group Co are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Roe i.e., Wag Group's Roe and Roic go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

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Roe

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Wag Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wag Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Wag Group Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Wag Group's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 19.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	61K	2.5M	7.4M	7.8M
Depreciation And Amortization	388K	1.1M	1.7M	919.9K

Interest Expense Depreciation And Amortization

Wag Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.99	-0.46	0.93	0.96	0.29	0.96	0.89	0.69	-0.09	-0.88	0.92	0.95	0.69	-0.69	-0.69	0.99	0.72	0.86	-0.3	-0.75	-0.94	0.7	0.45	0.61	-0.98
Short Long Term Debt Total	0.99		-0.45	0.96	0.96	0.35	0.96	0.95	0.61	0.0	-0.9	0.96	0.9	0.76	-0.73	-0.73	1.0	0.61	0.92	-0.28	-0.78	-0.95	0.75	0.53	0.66	-0.99
Other Current Liab	-0.46	-0.45		-0.26	-0.41	0.53	-0.45	-0.55	0.02	-0.48	0.38	-0.3	-0.22	-0.34	-0.16	-0.16	-0.46	-0.49	-0.23	-0.67	-0.07	0.38	0.08	0.32	0.29	0.36
Total Current Liabilities	0.93	0.96	-0.26		0.96	0.58	0.96	0.91	0.64	0.06	-0.95	0.99	0.87	0.86	-0.88	-0.88	0.96	0.42	0.98	-0.45	-0.92	-0.97	0.9	0.74	0.83	-0.99
Total Stockholder Equity	0.96	0.96	-0.41	0.96		0.45	1.0	0.88	0.74	0.07	-0.97	0.94	0.91	0.84	-0.8	-0.8	0.96	0.58	0.91	-0.38	-0.86	-1.0	0.83	0.61	0.72	-0.99
Other Liab	0.29	0.35	0.53	0.58	0.45		0.43	0.29	0.49	0.0	-0.55	0.55	0.38	0.61	-0.89	-0.89	0.33	-0.27	0.62	-0.83	-0.84	-0.5	0.87	0.97	0.93	-0.47
Net Tangible Assets	0.96	0.96	-0.45	0.96	1.0	0.43		0.89	0.72	0.11	-0.98	0.94	0.89	0.86	-0.79	-0.79	0.96	0.56	0.91	-0.34	-0.85	-1.0	0.82	0.6	0.7	-0.98
Property Plant And Equipment Net	0.89	0.95	-0.55	0.91	0.88	0.29	0.89		0.35	0.28	-0.86	0.95	0.72	0.82	-0.65	-0.65	0.94	0.4	0.93	-0.06	-0.7	-0.88	0.69	0.52	0.58	-0.91
Current Deferred Revenue	0.69	0.61	0.02	0.64	0.74	0.49	0.72	0.35		-0.4	-0.69	0.55	0.85	0.46	-0.7	-0.7	0.61	0.65	0.5	-0.72	-0.72	-0.74	0.69	0.48	0.64	-0.7
Net Debt	-0.09	0.0	-0.48	0.06	0.07	0.0	0.11	0.28	-0.4		-0.25	0.12	-0.36	0.52	0.0	0.0	-0.01	-0.47	0.17	0.54	-0.01	-0.1	0.08	0.13	-0.06	0.0
Retained Earnings	-0.88	-0.9	0.38	-0.95	-0.97	-0.55	-0.98	-0.86	-0.69	-0.25		-0.93	-0.8	-0.94	0.85	0.85	-0.89	-0.4	-0.92	0.37	0.89	0.98	-0.89	-0.71	-0.77	0.95
Accounts Payable	0.92	0.96	-0.3	0.99	0.94	0.55	0.94	0.95	0.55	0.12	-0.93		0.83	0.86	-0.85	-0.85	0.95	0.38	0.99	-0.38	-0.89	-0.95	0.87	0.72	0.8	-0.97
Cash	0.95	0.9	-0.22	0.87	0.91	0.38	0.89	0.72	0.85	-0.36	-0.8	0.83		0.56	-0.73	-0.73	0.91	0.76	0.77	-0.54	-0.77	-0.89	0.72	0.48	0.67	-0.92
Non Current Assets Total	0.69	0.76	-0.34	0.86	0.84	0.61	0.86	0.82	0.46	0.52	-0.94	0.86	0.56		-0.81	-0.81	0.74	0.09	0.88	-0.26	-0.84	-0.87	0.87	0.77	0.74	-0.81
Non Currrent Assets Other	-0.69	-0.73	-0.16	-0.88	-0.8	-0.89	-0.79	-0.65	-0.7	0.0	0.85	-0.85	-0.73	-0.81		1.0	-0.71	-0.13	-0.88	0.75	1.0	0.84	-1.0	-0.95	-0.99	0.82
Other Assets	-0.69	-0.73	-0.16	-0.88	-0.8	-0.89	-0.79	-0.65	-0.7	0.0	0.85	-0.85	-0.73	-0.81	1.0		-0.71	-0.13	-0.88	0.75	1.0	0.84	-1.0	-0.95	-0.99	0.82
Long Term Debt	0.99	1.0	-0.46	0.96	0.96	0.33	0.96	0.94	0.61	-0.01	-0.89	0.95	0.91	0.74	-0.71	-0.71		0.63	0.91	-0.28	-0.77	-0.95	0.73	0.51	0.64	-0.98
Cash And Short Term Investments	0.72	0.61	-0.49	0.42	0.58	-0.27	0.56	0.4	0.65	-0.47	-0.4	0.38	0.76	0.09	-0.13	-0.13	0.63		0.26	-0.1	-0.2	-0.53	0.13	-0.19	0.04	-0.57
Net Receivables	0.86	0.92	-0.23	0.98	0.91	0.62	0.91	0.93	0.5	0.17	-0.92	0.99	0.77	0.88	-0.88	-0.88	0.91	0.26		-0.4	-0.91	-0.92	0.9	0.79	0.84	-0.94
Common Stock Shares Outstanding	-0.3	-0.28	-0.67	-0.45	-0.38	-0.83	-0.34	-0.06	-0.72	0.54	0.37	-0.38	-0.54	-0.26	0.75	0.75	-0.28	-0.1	-0.4		0.71	0.4	-0.69	-0.72	-0.8	0.4
Short Term Investments	-0.75	-0.78	-0.07	-0.92	-0.86	-0.84	-0.85	-0.7	-0.72	-0.01	0.89	-0.89	-0.77	-0.84	1.0	1.0	-0.77	-0.2	-0.91	0.71		0.88	-1.0	-0.92	-0.97	0.87
Non Current Liabilities Total	-0.94	-0.95	0.38	-0.97	-1.0	-0.5	-1.0	-0.88	-0.74	-0.1	0.98	-0.95	-0.89	-0.87	0.84	0.84	-0.95	-0.53	-0.92	0.4	0.88		-0.87	-0.66	-0.75	0.99
Inventory	0.7	0.75	0.08	0.9	0.83	0.87	0.82	0.69	0.69	0.08	-0.89	0.87	0.72	0.87	-1.0	-1.0	0.73	0.13	0.9	-0.69	-1.0	-0.87		0.94	0.97	-0.84
Other Current Assets	0.45	0.53	0.32	0.74	0.61	0.97	0.6	0.52	0.48	0.13	-0.71	0.72	0.48	0.77	-0.95	-0.95	0.51	-0.19	0.79	-0.72	-0.92	-0.66	0.94		0.97	-0.63
Other Stockholder Equity	0.61	0.66	0.29	0.83	0.72	0.93	0.7	0.58	0.64	-0.06	-0.77	0.8	0.67	0.74	-0.99	-0.99	0.64	0.04	0.84	-0.8	-0.97	-0.75	0.97	0.97		-0.75
Total Liab	-0.98	-0.99	0.36	-0.99	-0.99	-0.47	-0.98	-0.91	-0.7	0.0	0.95	-0.97	-0.92	-0.81	0.82	0.82	-0.98	-0.57	-0.94	0.4	0.87	0.99	-0.84	-0.63	-0.75

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Wag Roe vs Roic Analysis

Roe vs Roic

Roe vs Roic Correlation Analysis

Correlation Coefficient

Roe

Roic

Wag Group fundamental ratios Correlations

Wag Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for Wag Stock Analysis

COMMON DESTINATIONS

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COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Non Currrent Assets Other
Short Term Investments	+ 1.0	Non Currrent Assets Other
Short Term Investments	+ 1.0	Other Assets
Short Long Term Debt Total	+ 0.99	Total Assets

Inventory	- 1.0	Short Term Investments
Inventory	- 1.0	Other Assets
Inventory	- 1.0	Non Currrent Assets Other
Non Current Liabilities Total	- 1.0	Net Tangible Assets
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Other Stockholder Equity	- 0.99	Other Assets